it's frustrating for everybody, of course, including the united states. it is deeply threatening to israel, hence the difference of opinion in over what to do and when to do it, shep. >> shepard: jonathan hunt. thank you, sir. the head of news corporation, rupert murdoch spoke today about israel's future. news corps is the parent company of this network. hours ago, at a conference here in new york. news corps' chairman and vo rupert murdoch said people have now started to notice that israel is an excellent place to investigate. >> the 21st century the path to global competitiveness runs through israel. that's where the returns are. and i believe there are even bigger things to come. >> shepard: you rupert murdoch said its company made its own bet on israel 20 years ago when it invested in a small company there he said that investment has paid off handsomely helping the satellite television business grow and prosper. he does not exaggerate when he says news corporation wouldn't be where it is without contributions from its israeli enterprise. a teenager is